Tampa, FL 33612,1101 E LOTUS AVE
Tampa, FL 33612,1101 E LOTUS AVE
Tampa, FL 33612,1101 E LOTUS AVE
$875,000
Est. payment /mo
$899,000
2.7%
Est.Price: ?

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2,296 SqFt
SOLD DATE : 05/28/2021

Key Details

Sold Price $875,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,296 sqft

Price per Sqft $381

Subdivision Castle Heights Map

MLS Listing ID U8109192

Sold Date 05/28/21

Construction Status Other Contract Contingencies

HOA Y/N No

Year Built 1965

Annual Tax Amount $3,875

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 100x104

Property Description

This listing consists of 5 Duplexes on 4 different parcels totaling 10 units – 8204 Hillsborough Lane, 8503 N Semmes Street, 8309 N Marks Street, and 1101-1107 Lotus Ave. All Properties are currently being used as rentals and are fully occupied. There is room to increase all rents to a market rate and yield a Cap Rate of around 7.25%, and a Going-In Cap Rate of 6.46%. Please email both listing agents for more information.

Location

State FL

County Hillsborough

Community Castle Heights Map

Zoning RS-50

Interior

Heating Other

Cooling Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Other

Utilities Available Other

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Construction Status Other Contract Contingencies

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by RMS ELITE PROPERTIES
Bought with SMITH & ASSOCIATES REAL ESTATE

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Sheree Frazier PA

+1(386) 785-7937

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